Equities

US Equities Finish Lower On Light News, Macro Data Largely In Line With Expectations

Chilean companies listed in New York were among the biggest losers today, as leftists won weekend elections and now control who will write the new constitution

Published ET

Dow Jones Composite Average | Sources: ϕpost, FactSet data

Dow Jones Composite Average | Sources: ϕpost, FactSet data


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QUICK SUMMARY

  • Daily performance of US indices: S&P 500 down -0.25%; Nasdaq Composite down -0.38%; Wilshire 5000 down -0.22%
  • Top performing sectors: energy up 2.30% and materials up 0.90%
  • Bottom performing sectors: telecoms down -0.88% and utilities down -0.86%
  • Daily performance of international indices: Europe Stoxx 600 unchanged; China CSI 300 down -0.16%; Japan up 1.48%; UK FTSE 100 down -0.15%

VOLATILITY

  • 1-month at-the-money implied volatility on the S&P 500 at 14.7%, up from 14.0%
  • 1-month at-the-money implied volatility on the Europe Stoxx 600 at 14.5%, down from 14.6%
Sources: ϕpost, Refinitiv dataSources: ϕpost, Refinitiv data

WINNERS

  • Apellis Pharmaceuticals Inc (APLS), up 19.9% to $53.06 / YTD price return: -7.2% / 12-Month Price Range: $ 25.49-58.47 / Short interest (% of float): 12.1%; days to cover: 10.9
  • Globalstar Inc (GSAT), up 19.3% to $1.36 / YTD price return: +301.7% / 12-Month Price Range: $ .29-2.98 / Short interest (% of float): 7.0%; days to cover: 3.1
  • Ideanomics Inc (IDEX), up 17.1% to $2.88 / YTD price return: +44.7% / 12-Month Price Range: $ .37-5.53
  • Hecla Mining Co (HL), up 16.5% to $8.81 / YTD price return: +36.0% / 12-Month Price Range: $ 2.73-8.45 / Short interest (% of float): 2.2%; days to cover: 1.6
  • Children's Place Inc (PLCE), up 16.0% to $90.03 / YTD price return: +79.7% / 12-Month Price Range: $ 17.78-85.59 / Short interest (% of float): 23.6%; days to cover: 8.7
  • Gevo Inc (GEVO), up 15.2% to $6.80 / YTD price return: +59.9% / 12-Month Price Range: $ .46-15.57 / Short interest (% of float): 11.0%; days to cover: 1.5
  • Lordstown Motors Corp (RIDE), up 14.6% to $8.40 / YTD price return: -58.1% / 12-Month Price Range: $ 6.69-31.80
  • View Inc (VIEW), up 14.6% to $7.23 / YTD price return: -34.4% / 12-Month Price Range: $ 6.02-13.31
  • Discovery Inc (DISCB), up 13.8% to $80.18 / YTD price return: +147.5% / 12-Month Price Range: $ 26.00-150.72 / Short interest (% of float): 2.7%; days to cover: 0.1
  • Orla Mining Ltd (ORLA), up 13.0% to $4.53 / YTD price return: -16.0% / 12-Month Price Range: $ 2.31-6.04 / Short interest (% of float): 3.2%; days to cover: 17.7

LOSERS

  • E-Home Household Service Holdings Ltd (EJH), down 23.7% to $41.20 / 12-Month Price Range: $ 16.60-54.24 (the stock is currently on the short sale restriction list)
  • Banco Santander-Chile (BSAC), down 14.0% to $19.99 / YTD price return: +5.3% / 12-Month Price Range: $ 13.31-26.15 / Short interest (% of float): 0.9%; days to cover: 3.0 (the stock is currently on the short sale restriction list)
  • Banco de Chile (BCH), down 10.9% to $19.38 / YTD price return: -4.9% / 12-Month Price Range: $ 14.76-25.12 / Short interest (% of float): 0.4%; days to cover: 7.8 (the stock is currently on the short sale restriction list)
  • ContextLogic Inc (WISH), down 10.3% to $8.78 / YTD price return: -51.9% / 12-Month Price Range: $ 7.95-32.85 / Short interest (% of float): 6.0%; days to cover: 5.2 (the stock is currently on the short sale restriction list)
  • Embotelladora Andina SA (AKOb), down 10.3% to $12.63 / YTD price return: -15.5% / 12-Month Price Range: $ 12.00-17.36 / Short interest (% of float): 0.0%; days to cover: 1.1 (the stock is currently on the short sale restriction list)
  • Sociedad Quimica y Minera de Chile SA (SQM), down 10.2% to $46.96 / YTD price return: -4.3% / 12-Month Price Range: $ 22.17-60.74 / Short interest (% of float): 1.5%; days to cover: 1.8 (the stock is currently on the short sale restriction list)
  • Enel Chile SA (ENIC), down 10.1% to $3.29 / YTD price return: -15.4% / 12-Month Price Range: $ 3.18-4.50 / Short interest (% of float): 0.3%; days to cover: 3.5 (the stock is currently on the short sale restriction list)
  • Organogenesis Holdings Inc (ORGO), down 9.2% to $17.03 / YTD price return: +126.2% / 12-Month Price Range: $ 3.14-24.34 / Short interest (% of float): 6.8%; days to cover: 2.8 (the stock is currently on the short sale restriction list)
  • iRhythm Technologies Inc (IRTC), down 8.8% to $18.36 / YTD price return: -68.7% / 12-Month Price Range: $ 6.26-41.35 / Short interest (% of float): 2.9%; days to cover: 1.9 (the stock is currently on the short sale restriction list)
Sources: ϕpost, FactSet dataSources: ϕpost, FactSet data

NEW IPOs ANNOUNCED OR PRICED

  • CarTrade Tech Ltd / India - High Technology / Listing Exchange: Bombay / Ticker: N/A / Gross proceeds (including overallotment): US$ 272.89m (offering in Indian Rupee) / Bookrunners: Kotak Mahindra Capital Co, Citigroup Global Markets India, Axis Capital Ltd, Nomura Financial Investment Korea Co Ltd
  • Shanghai Hajime Advanced Material Technology Co Ltd / China - Industrials / Listing Exchange: ShenzChNxt / Ticker: 301000 / Gross proceeds (including overallotment): US$ 133.22m (offering in Chinese Yuan) / Bookrunners: Haitong Securities Co Ltd

EQUITY FOLLOW-ONS / SECONDARY OFFERINGS

  • Zhejiang Huafon Spandex Co Ltd / China - Materials / Listing Exchange: ShenzSME / Ticker: 002064 / Gross proceeds (including overallotment): US$ 776.80m (offering in Chinese Yuan) / Bookrunners: Not Applicable
  • Credit Bank of Moscow PJSC / Russian Federation - Financials / Listing Exchange: Moscow / Ticker: CBOM / Gross proceeds (including overallotment): US$ 306.91m (offering in Russian Rouble) / Bookrunners: Societe Generale SA, Renaissance Capital Group, Aton, Citigroup, BCS Global Markets, Sova Capital
  • Editas Medicine Inc / United States of America - Healthcare / Listing Exchange: Nasdaq / Ticker: EDIT / Gross proceeds (including overallotment): US$ 300.00m (offering in U.S. Dollar) / Bookrunners: Not Applicable
  • Genscript Biotech Corp / China - Healthcare / Listing Exchange: Hong Kong / Ticker: 1548 / Gross proceeds (including overallotment): US$ 247.37m (offering in Hong Kong Dollar) / Bookrunners: Not Applicable
  • Shenzhen Selen Science & Technology Co Ltd / China - Consumer Staples / Listing Exchange: ShenzSME / Ticker: 002341 / Gross proceeds (including overallotment): US$ 128.73m (offering in Chinese Yuan) / Bookrunners: Not Applicable
  • Roo Hsing Co Ltd / Taiwan - Consumer Staples / Listing Exchange: Taiwan / Ticker: 4414 / Gross proceeds (including overallotment): US$ 101.22m (offering in Taiwanese Dollar) / Bookrunners: Not Applicable